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Industry Profile

Upstream Oil and Gas Technology

Target researchers — Petroleum engineers, geochemists, and reservoir geologists specializing in enhanced oil recovery, unconventional reservoir characterization, drill-bit chemistry, production chemistry, subsea completion technology, and CO2 storage site assessment

Upstream oil and gas technology companies provide drilling, completion, production, and reservoir engineering services and tools to oil producers worldwide. Universities with petroleum engineering departments develop novel EOR chemistries, seismic interpretation algorithms, and subsurface simulation tools that service companies license for commercial deployment.

$280B Market size
10 Key companies
6 Use cases

Key Companies

SLB Schlumberger Halliburton Baker Hughes Expro Group Core Laboratories FMC Technologies TechnipFMC Dril-Quip Oceaneering International Hunting Energy Services Sanjel Energy Services

Use Cases

01

EOR chemical co-development

02

Reservoir characterization software licensing

03

Drilling fluid chemistry consulting

04

Subsea sensor technology partnerships

05

CO2 EOR and storage program access

06

Wettability alteration IP licensing

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